Tejon Ranch Co (NYSE: TRC)

TRC Technical Analysis

5

As on
31st Oct 2017 TRC Share Price closed @
18.85 and we RECOMMENDStrong Sell
for LONG-TERM with Stoploss of
22.09 &
Strong Sell for SHORT-TERM with Stoploss of
20.08
we also expect STOCK to react on Following IMPORTANT LEVELS.

Tejon Ranch Co., through its subsidiaries, operates as a real estate development and agribusiness company. The company operates in four business segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, and Farming. The Commercial/Industrial Real Estate Development segment is engaged in entitling, planning, and permitting of land for the development; construction of infrastructure, pre-leased buildings, and buildings to be leased or sold; and the sale of land to third parties for their own development. It also leases microwave repeater locations, radio and cellular transmitter sites, and fiber optic cable routes; 32 acres of land for an electric power plant; and an office building; and grazing and communications facilities, as well as offers landscape maintenance and game management services. This segment leases land to auto service stations with convenience stores, fast-food operations, full-service restaurants, a motel, an antique shop, and the United States Postal Service facility. The Resort/Residential Real Estate Development segment is involved in land entitlement, land planning and pre-construction engineering, land stewardship, and conservation activities. The Mineral Resources segment provides oil and gas royalty leases, rock and aggregate mining leases, and land lease for manufacturing Portland cement. As of December 31, 2013, this segment had producing oil and gas leases of approximately 7,317 acres. The Farming segment farms various permanent crops, including wine grapes in 1,608 acres; almonds in 1,683 acres; and pistachios in 1,053 acres. This segment also manages farming of alfalfa and forage mix on 775 acres in the Antelope Valley; and periodically leases 810 acres of land for growing vegetables. The company was founded in 1936 and is based in Lebec, California.

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